Do wood floors add value to home?
Homeowners are constantly looking for ways to increase the value of their home. They may upgrade their kitchen or bathrooms, add improvements to curb appeal or replace outdated fixtures and appliances. For many people, this may include installing new wood flooring. But do wood floors add value to your home?
The simple answer to this question is yes. But how and to what degree do wood floors impact the value of your home? Let’s break it down.
Do wood floors increase the value of your home and why?
With their timeless elegance, durability, and natural beauty, wooden floors are a perfect choice for homeowners looking to add both aesthetic charm and financial value to their homes. But aside from simple aesthetics, let’s take a look at some of the core reasons wood floors add value to your home.
Increased property value:
One of the biggest advantages of installing wood floors in your home is that it significantly increases the property value. According to real estate experts, hardwood floors can increase your home’s resale value by up to 2.5% compared to homes with other types of flooring, such as carpet and tile.
This is because hardwood floors are highly sought after by homebuyers due to their timeless beauty and low maintenance needs. So, if you’re planning to sell your home in the future, installing wood floors may be a smart investment.
Durability:
Wooden floors are known for their durability and longevity. They can withstand wear and tear, regular use, and high traffic without showing any signs of damage.
Unlike carpets that can get stained, worn out or discolored in a few years, wooden floors can last for decades with proper maintenance and care. They are also resistant to water damage, making them ideal for rooms like kitchens and bathrooms.
Low Maintenance:
Wooden floors are incredibly easy to maintain. They don’t require daily vacuuming or special cleaning products like carpets do. You can easily clean them with a damp mop or cloth, and they retain their shine and natural luster for years. Since there are no fibers in hardwood floors, they are hypoallergenic and do not harbor pet dander, dust, or other allergens.
Aesthetic appeal:
As mentioned, one of the primary reasons why homeowners opt for wood floors is that they look stunningly beautiful. With their natural warm tones and rich grain patterns, wooden floors add an instant touch of elegance and sophistication to any room. They complement any interior style, from traditional to contemporary, and create a timeless aesthetic that never goes out of style.
Additionally, they are available in many different finishes, colors, and textures, making it easy to find a wood floor that complements your home’s décor.
Environmental benefits:
Not only do wooden floors add aesthetic appeal and monetary value to your home, but they are also an environmentally friendly flooring option. They are made from renewable resources, which makes them an eco-friendly choice for eco-conscious homeowners. Additionally, wood floors do not trap dust, insecticides, or allergens, making them a healthier choice for allergy sufferers.